GENERAL MEETINGS: Outcome of Meeting
| LATITUDE TREE HOLDINGS BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Feb 2021 |
| Time | 10:00 AM |
| Venue(s) |
12th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Latitude Tree Holdings Berhad ("Company") is pleased to announce that all the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 5 February 2021 were duly passed by the shareholders of the Company by way of poll via remote participation and electronic voting at the EGM of the Company.
The details of the result of the poll are set out below.
This announcement is dated 26 February 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
PROPOSED BONUS ISSUE OF UP TO 97,155,000 NEW ORDINARY SHARES IN LTHB ("LTHB SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING LTHB SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 0 |
| No. of Shares | 65,416,566 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
PROPOSED ESTABLISHMENT AND IMPLEMENTATION OF AN EMPLOYEES' SHARE SCHEME ("ESS") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF LTHB (EXCLUDING TREASURY SHARES, IF ANY) AT ANY ONE TIME DURING THE DURATION OF THE ESS FOR ELIGIBLE EMPLOYEES AND DIRECTORS OF LTHB ("PROPOSED ESS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 6 |
| No. of Shares | 65,367,104 | 49,462 |
| % of Voted Shares | 99.9244 | 0.0756 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
PROPOSED ALLOCATION OF AWARDS TO MR LIN, CHIN-HUNG |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 9 |
| No. of Shares | 33,876,716 | 50,386 |
| % of Voted Shares | 99.8515 | 0.1485 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
PROPOSED ALLOCATION OF AWARDS TO MADAM LIN CHEN, JUI-FEN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 9 |
| No. of Shares | 33,876,716 | 50,386 |
| % of Voted Shares | 99.8515 | 0.1485 |
| Result | Accepted | |
Announcement Info
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 26 Feb 2021 |
| Category | General Meeting |
| Reference Number | GMA-25022021-00006 |
| Corporate Action ID | MY210225MEET0006 |
